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After rising steadily since January, are home prices turning lower again?

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In January 2021, the average cost for a 30-year, fixed-rate mortgage in the U.S. was below 3%, it now sits above 7%.

 
Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead.

All this as surging mortgage rates and near-record home values have sparked an ‘affordability crisis.’

So, is the U.S. housing market stuck?

Ben Reinberg, the Founder & CEO of Alliance Consolidated Group of Companies, LLC. joins Veronica Dudo to discuss.
#housingmarket #homebuyer #economy #money #finance #firsttimehomebuyer

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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Empowering women through hybrid models

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How can we empower women leaders to navigate the evolving digital workplace?

Dive into the world of female entrepreneurship and leadership with Women’s Biz Leaders. This inspiring talk show highlights the journeys and successes of remarkable women in business.

Hosted by Annie Gibbins, Founder and CEO of Women’s Biz Global.

In this episode, Annie is joined by a seasoned C-level leader and CEOforChange, who is dedicated to guiding executives through the challenges of hybrid work models. Mary-Beth Hosking.

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